Airo

Analysis

Airo is a registered charity in United States, based in Riverside, CA. It received its IRS tax-exemption ruling in June 2013, 13 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Airo reported income of $1.6m and spending of $1.2m, leaving 25% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $981k to $1.6m (+60%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 23%. Over the whole period it spent 72% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Airo sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Arrabon ($1.6m), American Committee for the Education and Welfare of Jews of E ($1.6m) and Calvary Thrift Store ($1.6m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $132k (11% of expenses). Other salaries and wages came to $379k. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m. It reported 9 employees.